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Bullboard - Stock Discussion Forum Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000... see more

TSX:MPVD - Post Discussion

Mountain Province Diamonds Inc > No volume today
View:
Post by Diamondboy123 on Oct 20, 2022 12:27pm

No volume today

I'm befuddled.  What an enigma wrapped in a puzzle buried in a question stuffed in a Pita shaped like a diamond.
Comment by explman on Oct 20, 2022 12:40pm
Simple really.....its the balance sheet. Q3 results will not matter. Equity investors need to understand how the debt will be managed, because unless Q3 resulted in FCF of ~400M, that debt will need to be re-negotiated, and remember, it will need to be renegotiated without the benefit of the last 6 years of diamond production. Oh, and the wee issue of global uncertainty, war, inflation, recession ...more  
Comment by Diamondboy123 on Oct 20, 2022 1:25pm
Shouldn't be less then the Irish last options at 69 cents US.  
Comment by explman on Oct 20, 2022 2:44pm
Can you please explain why the bond holder will accept a conversion at a price that is 20% higher than the currrent share price?
Comment by claymore50 on Oct 20, 2022 3:19pm
Market value and true value are not always the same.
Comment by explman on Oct 20, 2022 3:56pm
And billionaires become billionaires by paying less than market, not more. 
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